IMF forecasts three more Bank of England rate cuts this year - what it  means for your money - The Mirror

 

Volt UK envisions an economic revival that balances the free market’s dynamism with necessary state interventions.

Our goal is to create a fair and thriving economy where innovation flourishes, businesses grow, and every citizen has the opportunity to prosper.

  • Implement a fairer tax system that reduces the burden on lower and middle-income earners while ensuring corporations and high-income individuals contribute their fair share.
  • Address risk of capital flight with targeted measures in cooperation with our European partners in national and European parliaments.
  • Introduce tax incentives for businesses investing in scientific research and strategic sectors.
  • Foster a supportive environment for innovation and entrepreneurship through startup incentives, access to funding, and an updated intellectual property regime.
  • Strengthen anti-tax avoidance measures in line with EU directives and increase international cooperation.
  • Combine flexible labour markets with a strong welfare system. This approach promotes job security, economic dynamism, and adaptability for both employers and employees.
  • Increase funding for childcare and develop flexible options to support working parents and enhance workforce participation.
  • Incentivise businesses to support lifelong learning and continuous professional development, ensuring a competitive and adaptable workforce.
  • Expand apprenticeship programmes to provide hands-on training and career development opportunities for young people.
  • Integrate the UK more closely with European research initiatives to foster collaboration and access to cutting-edge developments.
  • Offer tax breaks to companies investing in R&D to encourage innovation and technological advancement.
  • Foster partnerships that combine the UK’s leadership in the law and regulation fields with the EU’s economic and geopolitical weight to ensure effective enforcement of patent law worldwide.
  • Create special research and testing innovation zones with light regulation to spur technological advancement and economic growth.
  • Invest in smart grid technology to improve energy efficiency and reliability, drawing lessons from countries like Germany.
  • Encourage investments in renewable energy sources to ensure long term energy security and sustainability